A THREE-deck car park and shopping space, underpinned by Target as an anchor tenant, will be built in Wangaratta within two years.

The $25million development will create 346 parking spots and 4000 square metres of retail and commercial space over a potholed car park adjacent to the Co-Store, on the corner of Reid and Ovens Streets.

The undercover parking will cost $1 an hour, double the present rate of ticketed parking in the citys CBD.

A new style of Target store, smaller than the Wodonga and Albury outlets, will occupy more than three quarters of the floor space.

It is expected to create 20 to 25 full-time jobs once open and 100 jobs during construction.

More than 600 square metres of floor space will be dedicated to a medical centre.

James Scremin, a partner in Prudential Commercial Investments, who owns the Co-Store, and one of the partners who promised a Wodonga cinema almost five years ago, said construction would start in October.

We hope to have it open for Easter 2014, he said.

This has been something we have been working on for the past four or five years.

We hope that with everything else we have in the Co-Store the cinema, shopping, bowling alley and plans for underground mini-golf this will become a shopping destination for the region, not just Wangaratta.

Read more from the original source:
Target to lead city’s $25m mall, car park

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May 31, 2012 at 8:16 pm by Mr HomeBuilder
Category: Retail Space Construction